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Author Question: The owner of a small consulting business paid for a new copy machine on his company credit card. ... (Read 376 times)

swpotter12

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on: Jul 14, 2018
The owner of a small consulting business paid for a new copy machine on his company credit card. This item is listed as ___________ on the company's balance sheet.
 A) owner's equity
  B) loans payable
  C) an asset
  D) a liability
  E) inventory

Question 2

A software design firm has many knowledgeable employees who are able to make decisions in order to best meet their clients' needs. This organization likely has:
 A) a tall span of management and a narrow organizational height.
  B) a narrow span of management and a flat organizational height.
  C) a narrow span of management and a tall organizational height.
  D) a wide span of management and a tall organizational height.
  E) a wide span of management and flat organizational height.


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Jayson

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Reply #1 on: Jul 14, 2018
Answer to Question 1

D

Answer to Question 2

A


swpotter12

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Reply 2 on: Jul 14, 2018
YES! Correct, THANKS for helping me on my review

kjohnson

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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